Consumers will be ones to pay
Dear Editor: Re: Fair tax system benefits the right people by MP Stephen Fuhr (Herald, Oct. 9).
Mr. Fuhr, if you are defending the small business proposed tax increase, you are wrong, wrong, wrong.
All corporate taxes and corporate tax increases are passed on to the consumer by way of higher prices for goods and services. As a result, it is the poor who are hit the hardest as they are the least able to higher prices for goods and services.
Governments over the years have painted the corporation or other business person as the bogeyman that drives up prices.
Business taxes are a part of business expenses and the only way to avoid bankruptcy is to pass increases in taxes and other expenses on to the consumer.
Mr. Fuhr, stop portraying small business people as tax cheats as all they are trying to do is survive. Businesses are highly competitive and therefore are forced to pass on increased costs to their customers — the consumer.
We have a progressive individual tax system and if you require more revenue, the fairest way to obtain more revenue is to increase tax on the top-earning individuals, and not the poor.
Corporations do not pay taxes as taxes and all other costs are are passed on to the consumer. In the end, only the living breathing, heart beating Individual human pays taxes.
Ted Bens West Kelowna